Displaying items by tag: WE Upjohn Institute for Employment Research
After a strong 2016, most West Michigan manufacturers are looking ahead to this year with optimism that they will continue to grow as the economy expands.
According to the most recent state jobs data, wages for manufacturing production workers in May sunk to their lowest levels in the last 12 years as the average hours worked dipped to the lowest point since 2009. Meanwhile, the number of people working in manufacturing hit its highest level in almost a decade.
After driving the West Michigan economy for several years, the manufacturing sector has reached a holding pattern of flat growth that has economists on the lookout for the next downturn in the business cycle.